Question: The basic strategies that should be employed by the business firm in managing cash include all of the following EXCEPT a paying accounts payable as

The basic strategies that should be employed by the business firm in managing cash include all of the following EXCEPT a paying accounts payable as late as possible without damaging the firm's credit rating. b turning over inventory as quickly as possible while avoiding stock outs. c operating in a fashion that requires maximum cash. d collecting accounts receivable as quickly as possible without damaging customer rapport. e none of the above

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